Why gold's downside risk is limited if the UK stays in the EU - Hansen

tradingfloor.com  ( Original )
JUN 20, 2016

Ole Hansen

Ole Hansen, head of commodity strategy at Saxo Bank, analyses how gold is performing ahead of the UK’s Brexit or Bremain vote to decide its future within the European Union.
Hansen says gold may stay in the $1,270/oz to $1,300/oz range ahead of Thursday’s referendum while investors are continually buying into gold, particularly in ETFs.